knjs1998

knjs1998

Considering the behavior of the price and the visible trend in the price drop in the short-term time frame and the gathering of the spring in the last few minutes, we expect a high risk-to-reward scalping in this asset.

knjs1998

Due to the price hitting the valid resistance trend line and the failed test and observing the weakness in the rise of the price up to the first target, i.e. the first valid trend line, we join at low levels.

knjs1998

Considering the downward movement of the Australian currency index in the short-term time frame, we expect a drop to the first resistance level